CNBC Tech - Gaming

Business news related to the technology industry, including Apple, Amazon, Microsoft, Google, and Facebook, plus consumer electronics, start-ups, cryptocurrency, media, advertising, streaming, venture capital, antitrust and regulation.
  1. The 830 Microsoft employees who lost their jobs in Washington included cloud solution architects, game designers and lawyers.
  2. AI developers still clamor for the latest Nvidia chips, which have improvements that make them better for training and deploying models.
  3. Tech IPOs had a breakout month in June, led by crypto firm Circle, leading some investors to predict a big second half of the year.
  4. Tripadvisor shares jumped 10% after Starboard Value revealed a more than 9% stake in the online travel company, according to a securities filing.
  5. Apple is facing intense competition in China from a resurgent Huawei.
  6. Baidu search has been facing pressure from AI rivals like Tencent and DeepSeek.
  7. AI voice generation platform ElevenLabs reveals plans to be IPO-ready within five years.
  8. The U.S. government has rescinded its export restrictions on chip design software to China, U.S.-based Synopsys announced.
  9. Hewlett Packard Enterprise's closing of its Juniper deal created an opening in the index, which has added several technology companies in recent months.
  10. OpenAI said it was not involved in Robinhood’s launch of tokenized shares in Europe, warning users the assets were issued without its approval.